[ statute ]If registration is not made within two months, any transfer or grant of a legal estate in the freehold or leasehold becomes void. It reverts to the transferor (seller) who will hold it on a bare trust for the transferee (buyer). The buyer will then only hold the equitable interest, not the legal title.
Answer
LRA 2002, s 7
Tags
#estates #freehold #land #law
Question
[ statute ]If registration is not made within two months, any transfer or grant of a legal estate in the freehold or leasehold becomes void. It reverts to the transferor (seller) who will hold it on a bare trust for the transferee (buyer). The buyer will then only hold the equitable interest, not the legal title.
Answer
?
Tags
#estates #freehold #land #law
Question
[ statute ]If registration is not made within two months, any transfer or grant of a legal estate in the freehold or leasehold becomes void. It reverts to the transferor (seller) who will hold it on a bare trust for the transferee (buyer). The buyer will then only hold the equitable interest, not the legal title.
Answer
LRA 2002, s 7
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Open it LRA 2002, s 7 If registration is not made within two months, any transfer or grant of a legal estate in the freehold or leasehold becomes void. It reverts to the transferor (seller) who will hold it
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